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Memo #3 Dated July 8, 2024 Chriss welding tank exploded when a customer accidentally dropped it. Write off the welding tool equipment recorded in account

Memo #3 Dated July 8, 2024 Chriss welding tank exploded when a customer accidentally dropped it. Write off the welding tool equipment recorded in account # 1480 valued at $750. Create new Group expense accounts 5100 Damaged Tools and 5265 Wages and Payroll Expenses. Bank Debit Memo #PB-77386 Dated July 8, 2024 From Payblo Bank, pre-authorized bi-weekly payroll for employees. Wages and payroll expenses $6,000.00 Payroll services fee 80.00 HST paid on payroll services 10.40 Total withdrawal $6,090.40. Please give me answer in detail

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